Unique gets strategic energy investment
The UAE based Unique Maritime Group (UMG), a leading integrated turnkey subsea and offshore solutions provider, has obtained a pivotal strategic equity investment from UK based Blue Water Energy.
The new partnership will allow UMG to accelerate its growth plans through additions to its rental fleet, as well as through further acquisitions, to expand the product and service offering and geographic distribution.
Harry Gandhi, CEO, Unique Maritime Group, said: “Blue Water Energy is a strong partner for this important growth phase of our business. From the outset, the team at Blue Water Energy has understood our strategy and vision and we are confident that with their industry experience and network, they can strongly support UMG’s expansion plans.”
Founded in 2011, Blue Water Energy is a leading global middle market energy private equity firm based in London. The firm primarily targets private equity investments in the upstream and midstream/downstream energy supply chain.
UMG is a specialist in the provision of services and the sale and rental of equipment for the marine, diving, hydrographic, oceanographic, oil and gas, inspection and NDT market sectors. The group has an established manufacturing capability for the delivery of customised engineering projects worldwide. Since its inception in 1993, the company has built up an impressive reputation for quality, innovation, service and speed of response.
The Group’s operations are spread across the Middle East, USA, UK, South Africa, Nigeria, India and Singapore.
By Anne-Marie Causer
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